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Minister of Finance and the Public Service, Dr. the Hon Nigel Clarke, addresses the Invest Jamaica 2022 Business Conference at the Montego Bay Convention Centre in St. James, on Tuesday (November 29).

Revised Income Tax Relief Act to Facilitate Incentives for US Billion-Dollar Investments

A revised Income Tax Relief (Large Scale Project and Pioneer Industries) Act, 2014, that incentivises investments of US$1 billion or more, is expected to be tabled in Parliament by the end of fiscal year 2022/23, next March. This was disclosed...

Minister of Finance and the Public Service, Dr. Hon. Nigel Clarke (left) presents an award to Donna Dawkins for over 25 years of service to the Western Regional Health Authority (WRHA), Ministry of Health and Wellness, during the Jamaica Civil Service Long-Service Awards ceremony, held on the lawns of King’s House on November 23.

600 Public Servants Honoured for Long Service

Minister of Foreign Affairs and Foreign Trade, Senator the Hon. Kamina Johnson Smith (left), greets Trinidad and Tobago’s Minister of Trade and Industry, Hon. Paula Gopee-Scoon, during a recent courtesy call at the Ministry’s offices in Kingston.

Trinidad and Tobago Looking to Establish Junior Stock Exchange

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (left), greets Head, Global Relations and Development Division, Centre for Tax Policy and Administration, Organization for Economic Cooperation and Development (OECD), Ben Dickinson (right). Occasion was the opening of the OECD/CARICOM Regional Meeting at The Jamaica Pegasus hotel in New Kingston on Tuesday (November 22). Looking on is Commissioner General, Tax Administration Jamaica (TAJ), Ainsley Powell.

Dr. Clarke Urges Increased Collaboration Among Caribbean Nations

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaking in the House of Representatives on Tuesday (November 22).

Gov’t Revenues Soar

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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaking in the House of Representatives on Tuesday (November 22).

3 years ago Finance & Public Service

Second Supplementary Estimates December to Facilitate Payments for Public-Sector Workers

The Government will be tabling a Second Supplementary Estimates for fiscal year 2022/23 in early December. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, said that this is to facilitate the payment of salaries to public-sector workers under the new compensation system by Christmas. He explained that the revised estimates will distribute the funds from Finance...

Minister of State in the Ministry of Finance and the Public Service, Hon. Marsha Smith, addresses the Civil Service Week Public Forum at The Jamaica Pegasus hotel on November 22. The forum was held under the theme ‘The Public Sector: Forging Ahead with Determination’.

3 years ago Finance & Public Service

Paternity Leave Comes into Effect January 1, 2023

The proposed introduction of paternity leave for fathers of newborns and family leave for adoptive parents bringing a new child into the home, is slated to come into effect on January 1, 2023. This was stated by Minister of State in the Ministry of Finance and the Public Service, Hon. Marsha Smith, who also advised that the proposed increase of...

3 years ago Finance & Public Service

US$939.7 Million in Export Earnings from January to July

Jamaica generated US$939.7 million in export earnings for the seven-month period between January and July 2022. This is 2.3 per cent more than the US$918.3 million earned for the corresponding period in 2021, according to the Statistical Institute of Jamaica (STATIN). A communiqué from STATIN on Monday (November 21) indicated that the increase was due primarily to a 61.8 per...

President, Jamaica Civil Service Association (JCSA), O’Neil Grant, addressing the 2022 Civil Service Week church service on November 20 at the Boulevard United Church, Kingston. Civil Service Week is being observed from November 20 to 26.

3 years ago Finance & Public Service

Transformation Process Will Build Resilience of Public Sector

President, Jamaica Civil Service Association (JCSA), O’Neil Grant, says public-sector transformation is the country’s best answer to strengthening the resilience of the public service. “The resilience of our country is reflected in the resilience of the public sector,” he noted. “The Jamaican public sector has been on a path of transformation of its people, its places, and its processes to...

Civil Service Week 2022, will be observed from November 20 to 26 under the theme: ‘The Public Sector: Forging Ahead with Determination’.

3 years ago Finance & Public Service

Civil Service Week Being Observed November 20-26

Civil Service Week 2022 will be observed from November 20 to 26 under the theme: ‘The Public Sector: Forging Ahead with Determination’. The celebration is geared towards highlighting the worth and work of outstanding Civil Servants who have given excellent service to Central Government and to the country. Director, Corporate Communication and Public Relations Branch, Ministry of Finance and the...

Bank of Jamaica (BOJ) Governor, Richard Byles.

3 years ago Finance & Public Service

Foreign Exchange Market Remains Relatively Stable

Jamaica’s foreign exchange market remains relatively stable, partly reflecting actions by the Central Bank in response to higher than targeted inflation. According to Bank of Jamaica (BOJ) Governor, Richard Byles, the foreign exchange rate for fiscal year 2022/23, to November 11, depreciated by 0.5 per cent. This was significantly slower than the 6.7 per cent depreciation recorded over the corresponding...

Bank of Jamaica (BOJ) Governor, Richard Byles.

3 years ago Finance & Public Service

BOJ Provides Growth Outlook

The Bank of Jamaica (BOJ) says the economy is still projected to grow in the range of 2.5 to 4.5 per cent for fiscal year 2022/23. This, following an 8.2 per cent outturn recorded in 2021/22, Governor, Richard Byles, has said. Speaking during the BOJ’s semi-virtual quarterly media briefing on Friday (November 18), Mr. Byles said Jamaica’s economy continues to...